787,429 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 787,429 shares of the company’s stock, valued at approximately $119,358,000.

Other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock valued at $131,000 after buying an additional 87 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the last quarter. Eagle Strategies LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 6.4% during the 3rd quarter. Eagle Strategies LLC now owns 1,703 shares of the company’s stock valued at $258,000 after acquiring an additional 102 shares during the last quarter. City Center Advisors LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 8.2% during the 3rd quarter. City Center Advisors LLC now owns 1,357 shares of the company’s stock valued at $206,000 after acquiring an additional 103 shares during the last quarter. Finally, Denver PWM LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 0.6% during the 3rd quarter. Denver PWM LLC now owns 16,839 shares of the company’s stock worth $2,552,000 after acquiring an additional 106 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 4.3%

Shares of NYSEARCA SPMO opened at $136.27 on Friday. The stock has a market capitalization of $21.29 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. The stock’s fifty day simple moving average is $147.35 and its 200 day simple moving average is $137.83. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30.

About Invesco S&P 500 Momentum ETF

The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.